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Joblessness and opportunity in Tamil Nadu -Vikas Kumar, PG Babu and Poonam Singh

-The Hindu The longer-term decline in the labour participation rate can be attributed to a host of factors The COVID-19 pandemic has disrupted economies across the world and presented policymakers with the unenviable task of sustaining employment amidst lockdowns. However, the academic and political debates in India on unemployment, which is widely attributed to Jobless growth amidst stagnation in the agricultural and manufacturing sectors, predate the pandemic. It will be useful to...

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Govt shouldn’t junk unpleasant data -Biswajit Mandal & Saswati Chaudhuri

-The Hindu Business Line Suppressing data that point to low growth, rising joblessness and poverty impedes effective policymaking in a crisis Finance Minister Nirmala Sitharaman, in her Budget speech, said “data is the new oil” and stressed on the credibility of data to combat the difficulties in real-time monitoring of the Indian economy. She even proposed building data centre parks throughout the country so that skilful incorporation of data in every step...

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Modi govt at work! Double whammy of unemployment and price rise -Subodh Varma

-Newsclick.in Joblessness is zooming, inflation is at six-year high led by food inflation, exports are down further, industrial production is stagnant and investment is at a standstill. In the last six months or so, the Modi government has supposedly been paying close attention to the sinking economy, with a flurry of meetings, announcements of freebies to corporates, fervent assurances to markets and budget shenanigans to supposedly keep the deficit in check and...

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Redesign fiscal policy to fire up infrastructure growth -Ejaz Ghani

-Livemint.com India’s manufacturing sector is moving out of costly and congested cities to rural areas in order to stay competitive. But poor infrastructure is hampering its growth The global economic downturn has raised concerns about the effectiveness of conventional economic policies, which were designed for stabilization, and not for reviving growth in developing countries. Rural distress, spatial disparities, the gender divide and climate change, all combined with the threat of low and...

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Gujarat's steel furnace industry to be next victim of economic slowdown -Ronak Chhabra

-Newsclick.in According to Gujarat Induction Furnace Association, well over 7,000 workers of the steel furnace industry in Gujarat have become jobless in last three months. On Monday, September 2, it was reported that the growth of the country’s eight core industries has plunged, according to the official data, to 2.1% in July as against 7.3% in the same period last year. This included the steel sector industry which has registered a decline...

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